Michael Hudson nails what's behind the China stock market crash and how it is NOT related to problems in the Western asset markets, where the 99% has basically never left a recession.
He describes what happened in Greece and how the troika lawyers worked to turn Greece into a impoverished Cuba of Euroland.
Read the rest of the story HERE:
At www.democracynow.org
Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a former blogger for Huffington Post, Daily Kos, and Global Economic Intersection.
His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:
http://www.americaisnotbroke.net/
Scott is a former and current President of Common Ground-NY (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written dozens of (more...)